Redt Energy Share Discussion Threads

[dlg3] 07/1/2017 19:40

Scott McGregor, CEO, commented:

"redT has successfully proven its disruptive technology with the production of one of the longest life, lowest cost industrial energy storage machines, and we are now entering the next stage of development with the commercial roll-out of our Gen 2 units. Estimated at $100-$150 billion, the stationary energy storage market presents redT with a very significant opportunity for sustainable growth and our technology holds the key to unlocking firm renewable power for the future. With a strengthened balance sheet, we will now be able to aggressively ramp up our sales and marketing efforts, and continue the development of the future generation of redT machines.

[andrbea] 07/1/2017 18:57

some recent vanadium battery articles:

[dlg3] 07/1/2017 18:34

Elbillo thanks no problem..

[elbillo] 07/1/2017 18:28

Dlg, when you post any cut and paste would you kindly also post the date it was originally reported. T.i.a.

[dlg3] 07/1/2017 18:25

By Tom Kenning Oct 24, 2016 9:48 AM BST


Updated: India’s largest utility NTPC has signed a memorandum of understanding (MoU) for the setting up 50MW of solar power projects combined with battery energy storage near Port Blair in the Andaman and Nicobar Islands.

Surender Raina, general manager, REDG, NTPC, told PV Tech that the firm has floated two tenders on South Andaman, one of 8MW at Chidiyatapu and another 17MW PV project located at Manglutan, which will both have storage added. However the storage capacity will be tendered separately and the amount of capacity will be specified within the tender when it comes out. The 8MW were tendered on 8 October this year.

Raina said: "This is the first tender where we will be going PV plant with the storage.”

He did not mention that NTPC had also invited bids for developers to set up another 18MW grid-connected solar PV project at Chidiyatapu back in June.

On top of NTPC’s capacity, Raina said that Indian state-owned mining and power company Neyveli Lignite Corporation (NLC) is also developing 20MW of solar to be combined with storage on the islands.

Raina said that further land will become available for projects on these islands, as they are currently run on diesel generators and these will eventually have to be replaced with storage and solar.

NTPC signed the MoU for 50MW solar-plus-storage with Andaman & Nicobar Administration and the Ministry of New and Renewable Energy (MNRE) in New Delhi, according to a company release.

Harsh Thacker, senior analyst, India Energy Storage Alliance (IESA), recently detailed how utility-scale energy storage has been jumpstarted in India on PV Tech’s sister site Energy Storage News. He said the NTPC solar-plus-storage project in Andaman and Nicobar is expected to ask bidders to submit their proposals for 7MW/42MWh of energy storage.

NTPC already has a 5MW solar project completed in the Andaman Islands, but this will not be combined with energy storage.


By Tom Kenning Oct 24, 2016 9:48 AM BST


hxxp://www.pv-tech.org/news/ntpc-plans-50mw-solar-with-battery-storage-in-andaman-and-nicobar-islands

[dlg3] 07/1/2017 18:18

Monday, April 18, 2016 - 06:30 IST


In an attempt to attract financially viable storage solutions to the country, India’s state-run NTPC Ltd plans to call bids to set up a solar power project wherein electricity will be stored in batteries.

By setting up this megawatt (MW)-scale project in Andaman and Nicobar Islands, NTPC wants to usher in a game changer solution for India’s energy security efforts. Also, India’s largest power generation utility is studying the grid-scale battery storage solutions offered by Japan’s NGK Insulators Ltd. To be sure, the project will be awarded on the basis of competitive bids.

Storage of electricity is a challenge given that solar power can only be harnessed when the sun shines. To use that electricity at night, or on cloudy days, an effective and economical storage solution is required. This is where NTPC’s efforts are critical.

“We have already set up a 5 MW solar photo-voltaic power project in the Anadamans. Now, the idea is to set up a 20 MW project with an effective battery storage solution. The plan is still at a preliminary stage. It will be an international tender,” said a senior NTPC executive requesting anonymity.


Monday, April 18, 2016 - 06:30 IST


hxxp://www.vccircle.com/news/power/2016/04/18/ntpc-plans-call-bids-solar-project-battery-storage

[dlg3] 07/1/2017 17:56

Timothy Cornelius, chief of tidal power developer Atlantis Resources, says the Gigha trial is “of extreme interest”. Atlantis is building one of the world’s largest tidal power arrays in Scotland’s Pentland Firth and expects energy storage to play a big role in future projects, particularly when they involve islands with limited grid connections.

“We fully subscribe to the idea that storage is the revolution,” Mr Cornelius says. “If they can prove [vanadium redox flow works as billed] then Scott McGregor will be one of the first people I call.”


JOHN WOODLEY
NON-EXECUTIVE DIRECTOR

John was previously co-head of the power and gas-related commodity business for Europe and Asia at Morgan Stanley. He founded the very successful US electricity trading operations for Morgan Stanley in New York in 1994. After ten years with Morgan Stanley in New York, John moved to London to help build the electricity and electricity related energy business outside the US. John is now based in Switzerland and acts as a senior adviser to Morgan Stanley.

[rjd1233] 07/1/2017 16:24

Did anyone taje up the option for the additional share above the 1 for 13?

[dogrunner11] 07/1/2017 15:24

Yeah can see the value of these researchers on the last few posts. Zero.

[bobby.ifa] 07/1/2017 14:33

Nice thread this, away from the pair or pasting rampers & good relevant content.

[dlg3] 07/1/2017 12:42

Here is something that will make you laugh........ it does read "MY PEN IS IN A GOAT"

[dlg3] 07/1/2017 10:56

We have a board of directors more that capable of propelling this company into billion $$$ status...

[dlg3] 07/1/2017 10:55

Mr. Scott James McGregor has been the Chief Executive Officer of Camco International Limited since October, 2009. Mr. McGregor served as the Chief Financial Officer of Camco International (UK) Ltd., from March 16, 2006 to October, 2009. Mr. McGregor has strong experience in fund raising and strategic development within earlystage and high growth companies. Mr. McGregor has been a commercial specialist at Rio Tinto, and an internal consultant in Merrill Lynch Global Debt Derivatives. Mr. McGregor has advised leading corporations in North America and Europe on environmental initiatives and he has designed a patented environmental management system methodology. He has been an Executive Director of Camco International Limited since March 16, 2006. Mr. McGregor qualified as a Chartered Accountant through PricewaterhouseCoopers and has an MBA from the London Business School. He has a BE from Monash University.

[dlg3] 07/1/2017 10:53

Cenergi SEA Sdn Bhd is a project development and investment company specializing in renewable energy and energy efficiency projects in the ASEAN region. Cenergi is headquartered in Kuala Lumpur and is wholly owned by Khazanah Nasional Berhad, the strategic investment fund of the Government of Malaysia.

Scott holds an MBA from the London Business School, a B.Econ from Monash University and qualified as a Chartered Accountant through PWC. Scott is a Board member of IETA (International Emissions Trading Association), Executive Chairman of redT (Camco’s energy storage business) and Non-executive Director of Cenergi (South East Asian clean energy business).

[dlg3] 07/1/2017 10:50

We have some pretty good directors on the board with Jeff Kenna, John Ward and Sir John Sanuel........research their backgrounds...they are very well connected...

[dlg3] 07/1/2017 10:42

In 2007, there was a feasibility study published which examined the economics of installing a flow battery at Sorne Hill Wind Farm. While the economic case for the system was very compelling, the technology was not ready for deployment at that point in time. A new company, REDT (www.poweringnow.com), has retained the rights to the ESS site at Sorne Hill, and plans to install a utility scale system at some point in the future, subject to funding.

REDT as far as I know still retain the right to supply this battery.....

[dlg3] 07/1/2017 10:38

netcurtains that is like saying that the end of fossil fuel,s will not impact the auto-motive industry....it is the same with REDT everything to do with power,renewables has a ripple effect and impacts sales.....

With regards to moving fast enough??? they are at the forefront of their technology, that is why Jabil choose REDT.....Jabil also did a little trick of reducing the size of the battery by 70% and the cost by 40% they did this almost overnight quite impossible really...unless you have 2 peices of a jigsaw puzzle that you peice together......Do a little research on Jabil....look at who they have partnered and what news they have published, then look at what news they have NOT published.... do you think that Jabil decided to join forces with Inala overnight??? and likewise with Inala??? what was in it for Inala? they are already a established successfull company, jabil had to have something to offer, they do not produce lithium battery,s...so what do you think it was?? But also look to the USA and the deals Jabil have done there.... they have partnered a vanadium battery company in the US, that company has only been researching vanadium battery,s for the last 2 to 3 years and would have been years behind REDT, but yet they partner with Jabil....... how they do not have or have tested a large scale vanadium battery, yes the company was called something else about 2 to 3 years ago.....they tested a zinc bromide battery, sudenly David vieau comes along they change the name and a vanadium battery is born????? 2 years later ready for production!!!!!???

But the above company did have something to trade with.....a patent on a membrane!!!

[dogrunner11] 07/1/2017 10:07

Death of diesel in reality, move to electric inevitable... that will all need storage... more phones, ipads and cars to charge ..


Four of the world’s biggest cities are to ban diesel vehicles from their centres within the next decade, as a means of tackling air pollution, with campaigners urging other city leaders to follow suit.

The mayors of Paris, Madrid, Athens and Mexico City announced plans on Friday to take diesel cars and vans off their roads by 2025.

Anne Hidalgo, mayor of Paris, led the initiative at the C40 conference of mayors on climate change, taking place in Mexico this week. She said: “Mayors have already stood up to say that climate change is one of the greatest challenges we face. Today, we also stand up to say we no longer tolerate air pollution and the health problems and deaths it causes, particularly for our most vulnerable citizens.”

[dlg3] 07/1/2017 09:55

Oregon latest US state to prepare for energy storage procurement by utilities

By Andy Colthorpe Jan 04, 2017 2:21 PM GMT

hxxp://www.energy-storage.news/news/oregon-latest-us-state-to-prepare-for-energy-storage-procurement-by-utiliti

[dlg3] 07/1/2017 09:53

Yes pierre anything that burns is bad for us....it is not the energy it is the smoke particles, they contain chemicals that are harmfull to us, pretty much like taking too many paracetamol tablets.....or over use of antibiotics...we do not know this until they have been widely used for many year,s, we now know that to be the case with fossil fuels and have now decided to act, just in the same way with antibiotics, they have not stopped using them but the slowdown of using antibiotics was getting out of hand.....just like our adiction to fossil fuels..

[dlg3] 07/1/2017 09:45

The latest study, published in The Lancet, found that those who live closest to major traffic arteries were up to 12% more likely to be diagnosed with dementia – a small but significant increase in risk.

The study, which tracked roughly 6.6 million people for more than a decade, could not determine whether pollution is directly harmful to the brain. The increased dementia risk could also be a knock-on effect of respiratory and cardiac problems caused by traffic fumes or due to other unhealthy life-style factors associated with living in built-up urban environments.